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Nairaland Forum / Nairaland / General / Business / President Tinubu Orders CBN To Improve Forex Liquidity (25932 Views)
Naira Falls To N609/$1 On The Illegal Market As Forex Liquidity Remains Poor. / Senate Asks CBN To Suspend ATM Card Maintenance Charges / Naira Declines To 370 As Forex Liquidity Drops (2) (3) (4)
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Re: President Tinubu Orders CBN To Improve Forex Liquidity by Kukutente23: 8:39pm On Aug 14, 2023 |
musicwriter:I'm among them How am I sabotaging the economy |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by InvertedHammer: 8:40pm On Aug 14, 2023 |
FalseProphet1: / Professionalism among these educated folks in Nigeria exists only in their CVs. Critical thinking is not their forte. / 1 Like |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by imbless: 8:42pm On Aug 14, 2023 |
primeache:Bro WTF 😒😒 This is typical African mentally, blaming the symptoms instead of the disease, the disease is the Nigeria as a country is not producing anything we can export to get FX apart from crude oil and Nigeria depends heavily on importation, the symptoms is people are saving in dollars and other strong currencies because they have lost hope in naira. Even if they closed all dorm account, people will mop up the whole FX and hoard it and the prices of those currencies will shoot up the more!! The only way naija economy can be fixed, is for Nigeria to move from consumption to production, from import dependent state to exporting economy, this will add values to our locally made products and those products will be recognized globally. This was what obi was preaching but tribalism, political affiliations and religion prevailed in the past elections. 3 Likes |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by benzion72(m): 8:43pm On Aug 14, 2023 |
I will hit the ground running |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by Mccullum: 8:45pm On Aug 14, 2023 |
Matching order for good, please. |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by mrblessed(m): 8:46pm On Aug 14, 2023 |
Yes, let our mechanical engineer perform the much needed economic miracle. |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by ShaqFu: 8:47pm On Aug 14, 2023 |
musicwriter:you read my mind. This has always been the problem with Nigerians. As long as something stops favoring them, they do everything in their power to frustrate everything and anything. 1 Like |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by maticar: 8:54pm On Aug 14, 2023 |
BOSSkesh:The same BDC emefiele accused....whose licenses have being reinstated? You should have just scrolled pass instead of embarrassing yourself |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by Alliswell248: 8:54pm On Aug 14, 2023 |
ClassicMan202: Just the same way we gave pity obi, the third class philosophy graduate the matching order in February. Emergency lovers of Nigeria must surely wail....it is in the dna... We gave pity obi matching order |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by ultimateprof: 8:57pm On Aug 14, 2023 |
Tumbulu has been over rated before erection. He is a failure. Just imagine Tumbulu to have approved Ganduje to be APC national chairman. Habaa! |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by obyno82: 8:59pm On Aug 14, 2023 |
flokii: Oga just shut up why can't Emi Lo Kan find a way of making parallel market illegal to stop arbitrage |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by ChenHao23: 9:02pm On Aug 14, 2023 |
What's you lots obsession with Bureau De change? JSYK, bureau de change are licensed operators by CBN to bid for FX at the CBN and autonomous sources. Despite paying their annual license renewal year in year out, the CBN has continued to deny them such bidding since July, 2021 yet you are asking CBN to clamp down on them. If I may I ask, for what offence? BOSSkesh: 1 Like |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by ibinaboonline: 9:03pm On Aug 14, 2023 |
The CBN governor go shit d dollars for nyash? Abi dem dey hide am somewhere wey baba say make em go bring am out? |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by wonlasewonimi: 9:04pm On Aug 14, 2023 |
The only solution now is to invoke the spirit of Agemo |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by kenmaro: 9:05pm On Aug 14, 2023 |
BOSSkesh: Who are the hoarders? Is the C in C and all politicians who have no business with the dollar exempted? Until we all realise that the dollar is not our local currency and stop saving in dollar and fully industrialise the Nigerian economy, Naira will continue to plunge further. |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by musicwriter(m): 9:07pm On Aug 14, 2023 |
ShaqFu: That's the problem. The president would need to put some highly placed people behind bars for the economy to move forward at this time. Unfortunately, that won't be possible. But let's remember that's not the root cause of this problem. The ultimate cause is that there's not enough industry to produce what we need because we lack scientific knowledge, and that in itself is because we learn science in a foreign language. That's the root cause of the problem. |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by nedekid: 9:11pm On Aug 14, 2023 |
ClassicMan202:No mind am. If them no mention his name 10 times daily their blokos no go stand. |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by ibinaboonline: 9:13pm On Aug 14, 2023 |
I can bet my last dollar you don't have a single dollar in the bank. No other reason you're advocating liquidating other people's money. It's the jezebel spirit. Even if they make such a stupid move, it still won't solve your problems because what the country needs is revenues from exports. primeache: |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by samuelson06(m): 9:14pm On Aug 14, 2023 |
pol23: All those things you are calling on the government to stop people from importing, I hope if they stop importing them today, you'll have enough of them to consume. That's how you guys were asking the government to stop rice importation. Where are we today on that? |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by nedekid: 9:15pm On Aug 14, 2023 |
spanzed:Amen oh, it will favour us. The only way sha is if you have naira in cash, once they increase liquidity, you quickly change your naira to dollars and keep, because it will certainly fall again. But if you no get naira in cash, to favour you na only for mouth ohh. |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by hopexter(m): 9:18pm On Aug 14, 2023 |
UbanmeUdie: If your father was driven and ambitious enough Tinubu wouldn’t be your president. So shut up and bear the consequences of your father’s laziness |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by Enyinne(f): 9:18pm On Aug 14, 2023 |
it will crash kpatakpa . Economy will stabilize immediately Hoelujohn: |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by NewDea4: 9:28pm On Aug 14, 2023 |
nlfpmod: What the hell is 'forex liquidity'? |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by Nyne: 9:36pm On Aug 14, 2023 |
donproject2: It’s not all these talk talk talk and do nothing. People shall rise soon, angers shall rise and the world will burn into ashes. The Wrath of God will befall the face of the Earth and evil doers will run and see nowhere to hide. Just screenshot or bookmark this post. |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by kunle4toyeyaho: 9:39pm On Aug 14, 2023 |
UbanmeUdie:A pained obidient |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by otosa(m): 9:45pm On Aug 14, 2023 |
This is a story. |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by stormborn28(m): 9:47pm On Aug 14, 2023 |
BOSSkesh:towards sea |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by lailo: 9:47pm On Aug 14, 2023 |
densiks:To keep the dollar rate at #500 or less is not a rocket science. All government needs to do and which they have always been doing is to just peg it and pay the balance but Tinubu decided to remove the subsidy and let the real value of dollar to naira be exposed. We can not continue same way and expect different result. |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by stormborn28(m): 9:48pm On Aug 14, 2023 |
kunle4toyeyaho:three months after . how far and well |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by stormborn28(m): 9:50pm On Aug 14, 2023 |
lailo: Yes we are getting different result in the right direction.. I don't know why d marching order? |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by Cardozzo(m): 9:51pm On Aug 14, 2023 |
[quote author=ClassicMan202 post=125112149]No be only matching orders.... Na runningN governor? E be like say If you no mention Peter Obi name for 24hours you no go dey alright.[/quote U re mad .but u can mention Tinubu and go Scot free abi |
Re: President Tinubu Orders CBN To Improve Forex Liquidity by primeache: 9:55pm On Aug 14, 2023 |
So how much dollar do you have on your account? Don't be unfortunate. Empty barrel makes the loudest of noise. I understand, you lack the capacity to understand my statement. ibinaboonline: |
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